Chandrababu Naidu inaugurates Sri City Progress Celebrations – 2015

The event was held to commemorate the triumphant run of Sri City, the largest multi-product SEZ in South India, for the past seven years, according to a company statement. Sri City’s Chairman Sriniraju and the Managing Director Ravindra Sannareddy received and extended a warm welcome to the Chief Minister.
Addressing the gathering of chiefs and senior executives of various industries, Naidu appreciate​d​ both Raju and Sannareddy for turning a barren land into a busy industrial hub. “Today, it is considered as ​one ​the best SEZ in the country, for which I am very proud. Soon it will be a mega industrial hub forming a part of the proposed Chennai-Bangalore industrial corridor”, Naidu said and added that his government is very keen to extend all infrastructure facilites to industries.
Following the inaugurations, the Chief Minister addressed heads of industrial units, and had an interactive meeting with the media and the local invitees. Naidu briefly explained the new industrial policy which was just unveiled and said that with the policy pooling the land large land bank can be created for staring industries. He said that it is his determination to make Andhra Pradesh as number three in the country by 2020.
“No industry will thrive without the support of the local community. It is obvious that Sri City enjoys such support as it takes care of the local people by creating jobs and providing basic facilities”, the Chief Minister pointed out. He exuded confidence that Sri City would create maximum employment opportunities to the local people.

Pepsico plant
Earlier, Naidu inaugurated the PepsiCo production plat, which is the largest unit of PepsiCo in the country. PepsiCo, which is the World’s most iconic and recognised consumer brand, built the Sri City unit at an investment of Rs.1,500 crore and an employment potential of 1,500. Also, the Chief Minister inaugurated the Japanese Help Desk, One-Stop-Administration Centre and Media Centre.
The Chief Minister visited West Pharmaceuticals production plant and dedicate it. He participated in the centenary celebrations of Italy-based steel major, Danieli. Later, visited the Hunter Douglas factory for inaugurating it. At Kobelco Cranes he flagged off the first export grade crane.
Expressing his profound gratitude to the Chief Minister for inaugurating the progress celebrations, Sannareddy, said: “Sri City crosses yet another milestone, and this is a great event in the saga of its development. Being the ‘home’ for numerous multinational and Indian manufacturing industries, Sri City stands out as a true exemplar to the ‘Make in India’ initiative, in diverse industries, such as automotive, locomotives, engineering, food processing and FMCG. With his dynamic leadership, mission-mode approach, and progressive industrial policy, the Chief Minister of AP is envisioning the state as ‘the Sunrise State’, owing to the great opportunities it would pose in the manufacturing, automobile, IT, electronics and allied industries.”

Investment galore
All put together, the companies that have opted Sri City as the destination for their investment, bring in a proposed investment over Rs. 20,000 Crore and generate employment for over 22,000 during their operational phase.
Other distinguished guests of honour included Seiji Baba, Consul General of Japan in Chennai; Chitra Devi Ramaiah, Consul General of Malaysia in Chennai; B.Gopalakrishna Reddy, Minister of Environment and Forest, Andhra Pradesh; P. Narayana, Minister of Minicipal Administration, Andhra Pradesh; V. Prasada Rao, MP, Tirupati; Y. Aditya, MLA, Satyavedu; Shamsher Singh Rawat, Principal Secretary (Industries); P. Krishniaih, IAS (Retired), APIIC Chairman; A.K. Chowdary, Development Commissioner, Sri City; Sidharth Jain, IAS, District Collector Chittoor and Srinivas, IPS, SP, Chittoor.
The Chief Minister inaugurated eleven operational units which were set up with an investment of Rs. 980 crore and offering job opportunity for 1600 people. Also, he performed groundbreaking ceremony for eleven more units which propose to invest a total of Rs. 1,450 crore and with an employment potential of 1,950.